Ken Oenbrink - NTX Property Watch Report

Plano, TX

Single-Family Homes

Call or Text 972-816-1660 ken.oenbrink@gmail.com



Plano, TX

Mon Jan 20 2020
This week the median list price for Plano, TX is $439,900 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 460. Click here to stay informed with the Plano market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Plano, TX

Mon Jan 20 2020
This week the median list price for Plano, TX is $439,900 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 460. Click here to stay informed with the Plano market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Plano market.
Median List Price $439,900
Per Square Foot $153
Days on Market 122
Price Decreased 47%
Price Increased 4%
Relisted 10%
Inventory 460
Median Rent $2,100
Most Expensive $5,699,000
Least Expensive $185,000
Market Action 40
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$899,000 4,731 0.25 - 0.5 acre 4 4 21 9 3 197
$499,900 3,460 8,000 - 10,000 sqft 4 3 22 20 15 110
$375,000 2,650 8,000 - 10,000 sqft 4 2 26 15 19 94
$289,500 1,941 8,000 - 10,000 sqft 3 2 42 21 23 83